Compute the Pl statistic for Project Q if the appropriate cost of capital 11 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Project Q Time: Cash flow: PI 0 1 -$12,600 $4,150 accepted rejected 2 $4,980 Should the project be accepted or rejected? 3 $4,310 4 $2,950

Compute the PI statistic for Project Q if the appropriate cost of capital is 11 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Should the project be accepted or rejected? accepted rejected